FY2025 Earnings Forecast for TWI Issued By Cantor Fitzgerald

Titan International, Inc. (NYSE:TWI - Free Report) - Equities researchers at Cantor Fitzgerald lowered their FY2025 earnings per share (EPS) estimates for Titan International in a research report issued on Sunday, May 4th. Cantor Fitzgerald analyst D. Soderberg now anticipates that the industrial products company will post earnings per share of $0.09 for the year, down from their prior forecast of $0.38. Cantor Fitzgerald currently has a "Overweight" rating and a $11.00 target price on the stock. The consensus estimate for Titan International's current full-year earnings is $0.03 per share.

Titan International (NYSE:TWI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). Titan International had a positive return on equity of 5.76% and a negative net margin of 0.51%. The company had revenue of $490.71 million for the quarter, compared to analysts' expectations of $466.86 million.

Separately, StockNews.com upgraded Titan International from a "sell" rating to a "hold" rating in a report on Thursday.

Titan International Trading Up 9.2%

Shares of NYSE TWI traded up $0.65 during midday trading on Wednesday, hitting $7.67. The stock had a trading volume of 264,732 shares, compared to its average volume of 720,308. The company has a fifty day moving average price of $7.61 and a 200 day moving average price of $7.62. The company has a market capitalization of $488.35 million, a price-to-earnings ratio of -63.79 and a beta of 1.95. The company has a quick ratio of 1.33, a current ratio of 2.38 and a debt-to-equity ratio of 0.84. Titan International has a 1-year low of $5.93 and a 1-year high of $9.60.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Titan International by 4.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,628 shares of the industrial products company's stock worth $194,000 after buying an additional 1,216 shares during the last quarter. Principal Financial Group Inc. grew its stake in Titan International by 0.6% during the 4th quarter. Principal Financial Group Inc. now owns 232,819 shares of the industrial products company's stock worth $1,581,000 after buying an additional 1,464 shares during the last quarter. SummerHaven Investment Management LLC grew its stake in Titan International by 1.5% during the 1st quarter. SummerHaven Investment Management LLC now owns 108,736 shares of the industrial products company's stock worth $912,000 after buying an additional 1,628 shares during the last quarter. GAMMA Investing LLC grew its stake in Titan International by 136.2% during the 4th quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company's stock worth $37,000 after buying an additional 3,132 shares during the last quarter. Finally, MetLife Investment Management LLC grew its stake in Titan International by 14.1% during the 4th quarter. MetLife Investment Management LLC now owns 26,763 shares of the industrial products company's stock worth $182,000 after buying an additional 3,310 shares during the last quarter. 80.39% of the stock is currently owned by institutional investors.

Titan International Company Profile

Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.